How To Win a Trade War? Lose Less Than Your Opponents.
The only winning move is not to play. But if you must, a new book offers some suggestions.
The only winning move is not to play. But if you must, a new book offers some suggestions.
Another example of the flawed logic behind the Trump administration's tariff policies: You can't make a tire without rubber, and the U.S. doesn't produce rubber.
Central planning from Commerce Secretary Howard Lutnick, President Donald Trump, and others reflects a fundamental misunderstanding of what makes private markets work.
Even the abundance wing of the left wants "a much stronger government," in movement champion Ezra Klein's words.
Yes, capitalism can cause some problems. It's also the only thing that works.
Free market solutions for the win!
Politicians on the left and right are increasingly blaming large investors for raising home prices. Here's why they're wrong.
Venezuelan players mine in-game resources and turn hours of gameplay into dollars or cryptocurrency.
Trump's use of Section 122 ignored the plain language of the law and invoked a broad executive power where Congress clearly provided a narrow one.
Plus: The NFL has no easy response to the Dianna Russini–Mike Vrabel affair, and how ketamine may have helped the Sixers upset the Celtics
Welcome to the pro-market world of children's book author and illustrator Richard Scarry.
Some of the people building AI have started acting like it might be dangerous.
The burden of Trump's illegal tariffs was spread across the American economy. The refunds likely won't cover all those costs.
"The New Deal made investment in America a risky project," says economist Donald J. Boudreaux, author of The Triumph of Economic Freedom.
As lawmakers of both major parties hustle to regulate their preferred villains, they're losing sight of the big picture. The possible gains to humanity from AI are enormous.
Consider it a boozy, tariff-themed version of "I, Pencil."
When water rights are secure and transferable, new demands can be met without harming existing users.
Outgoing President Gabriel Boric predicted that Chile would go from being neoliberalism’s “cradle” to its “grave.” His movement got buried instead.
Many states have deregulated hair braiding, but Louisiana lawmakers want to tighten regulations by demanding more coursework, including on the ancient origins of braiding.
Fans are responsible for sky-high ticket resale prices, not primary ticket sellers.
Governments have yet to accept that free societies are also prosperous societies.
The employer insurance exclusion has chained workers to their employers, practically eliminated consumer price sensitivity, and suppressed wages.
Even if the refunds are made, business owners say they won't cover all the additional costs created by Trump's chaotic trade policies.
As the U.S. loosens regulations for workers, the E.U. takes the opposite approach.
The Trump administration is trying to avoid paying refunds after illegally collecting $175 billion from its emergency tariff scheme.
And that's especially true if the tariffs are illegal.
President Donald Trump tossed out a bunch of economic statistics during his State of the Union address. Here are three that are just plain wrong.
Attorneys for the Trump administration even admitted that Section 122 can't be applied to address trade deficits. Trump is now trying to do that anyway.
The new tariff will be implemented under a 1974 law that gives the president authority to impose tariffs for up to 150 days.
It's a good thing that trade deficits aren't actually a national emergency.
Plus: Tariffs, tariffs, and even more news about tariffs! And George W. Bush has some interesting thoughts about George Washington.
Finally given a chance to influence trade policy, the vast majority of House Republicans decided it was more important to keep President Donald Trump happy.
AI-powered medical wearables and software are flourishing following the FDA’s new regulatory guidance.
The AI boom is showing the limits of our regulated monopoly model for generating electricity.
The real squeeze comes from government-distorted markets, not economic decline.
"I will not allow a generation of smart and capable young women to sell their bodies online," said Republican gubernatorial hopeful James Fishback.
The online betting company allows you to stake money on future events.
Mayors come and go, but New York City remains fundamentally itself.
The socialists of both parties want things to cost less. Only free markets can make that so.
Past societies tried to regulate their way to stability. But it came at a great cost.
Price controls don't solve economic problems; they disguise them. Prices are messages, and Mamdani wants to shoot the messenger.
Sen. Marsha Blackburn’s latest is an anti-tech omnibus, combining years' worth of dangerous policy ideas into one big, bad bill.
The existence of options you don't personally enjoy is not a cultural failure; it's a luxury.
Laws requiring porn platforms to age-check visitors are becoming "a Swiss army knife for the government."
The Trump administration has not made a convincing case for why it is buying stakes in these companies—and why these companies in particular, rather than others.
These metrics are bad proxies for prosperity, but they reveal just how flawed the president's arguments have been.
Not even 35 years after escaping Soviet-style central planning, Poland has become a capitalist success story.
As traditional gathering places disappear, market-based funding could expand parks, courts, and other spaces that help people reconnect without raising taxes.
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